High Yield Corporate Bonds just broke upwards through 7.0%… If LQD closes below 110 in a convincing manner, it would likely foreshadow an even more powerful bond and stock market bust ahead.

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  https://fred.stlouisfed.org/series/BAMLH0A0HYM2EY#0   If LQD closes below 110 in a convincing manner, it would likely foreshadow an even more powerful bond and stock market bust ahead. As someone who has been warning heavily about dangerous bubbles in U.S. corporate bonds and stocks, people often ask me how and when I foresee these bubbles bursting. Here’s what I wrote a few months … Read more

It’s over: Bill Nelson concedes to Rick Scott after Florida recount deadline passes

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Democratic incumbent Bill Nelson conceded Florida’s race for U.S. Senate on Sunday, signaling the end of an 18-year run in Congress’ upper chamber and likely the close of a 46-year political career. According to Gov. Rick Scott, who defeated Nelson in a race so close it required a manual recount, Nelson called to concede after … Read more

Japan is building TERMINATOR robots (to install drywall)

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Japanese researchers at the Advanced Industrial Science and Technology (AIST) research center have developed a prototype humanoid robot, the HRP-5P, designed to autonomously perform heavy labor in hazardous environments. Standing just under 6-feet tall and clocking in at 222 lbs, the HRP-5P has “unsurpassed physical capabilities,” according to Phys.org, and is fitted with an array … Read more

More Than 1,000 Missing In California Fires

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More Than 1,000 Missing In California Fires   Firefighters have been racing against time. Firefighters issued a red flag warning, which is issued for weather events which may result in extreme fire behavior, Saturday night into Sunday. Winds up to 50 mph and low humidity are possible. https://www.cbsnews.com/live-news/fires-in-california-camp-woolsey-paradise-wildfire-evacuations-death-toll-map-2018-11-18-latest/ AC

Peter Schiff: Investors are oblivious as multiple bubbles pop … Steen Jakobsen: The Four Horsemen portend a painful reckoning …

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by John Rubino Dan Oliver: We learned nothing from the 2008 crisis … Michael Alkin: The US auto industry is about to implode … Rick Rule vs Marin Katusa: Who is the top stock picker? … Peter Schiff: Investors are oblivious as multiple bubbles pop … Steen Jakobsen: The Four Horsemen portend a painful reckoning … Read more

Former Acting ICE Director Says Gov’t Is Ready To Send MAJOR Message To Approaching Caravan

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https://www.youtube.com/watch?v=A5TvHeHcw_0 The Daily Caller reports Former Immigration and Customs Enforcement Acting Director Tom Homan said it’s “game on” for the government’s showdown with the migrant caravan headed for the southern border, on “Fox & Friends” this week. Read More/Source/Credit/FairUse: https://rwnofficial.com/game-on-forme…    

In A Currency Crisis – Like In Greece Or Venezuela Right Now – There Is No #MeToo Movement

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by Doug French via Mises Wire The New York Times reminded us that two things which go together are a currency crisis and prostitution. The featured story on October 28 was the red light district in uber-depressed Athens where “Dimitra, a middle-aged woman who lost her [flower] shop in the crisis and now works as a madam on … Read more

Pentagon Fails Its 1st-Ever Official Audit – Mainstream Media Blackout on Corruption!

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by Thinker How could anyone have thought the Pentagon could have passed, when in 2001 they announced they couldn’t find $2.3 trillion dollars, it just disappeared. Since there wasn’t an outrage or march on Washington about the missing trillions, that amount that can’t be found by the Pentagon has jumped to over $9 trillion today!!! … Read more

King County passes law requiring gun stores to post signs outlining dangers of owning a gun

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by DCG More “feel-good,” useless legislation (show me a study where it’s been shown that signs reduce gun violence) that will do nothing to stop criminals. From MyNorthwest.com: The King County Board of Health passed legislation requiring stores that sell firearms and firing ranges to post signs warning customers of the various dangers posed by gun violence. … Read more

California’s Worst Wildfires Must be a Wake-Up Call

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via Joe Guzzardi: For California natives like me, the wildfires are a real gut punch. As of this writing, the wildfires are the deadliest in the state’s history with 63 fatalities, and more than 600 people are unaccounted for. More than 10,000 buildings are gone, and more than 230,000 acres have burned. In the now obliterated community of Paradise, … Read more

Middle Class Destruction: Suicide Rates Soar Among American Workers

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Via ZeroHedge During 2000–2016, suicide rates among American workers (aged 16–64 years) jumped 34%, from 12.9 per 100,000 population to 17.3, according to a newly published report by the Centers for Disease Control and Prevention (CDC). “Increasing suicide rates in the US are a concerning trend that represents a tragedy for families and communities and impact the American workforce,” said Dr. Debra Houry, … Read more

After The Feds Collect Record Taxes in October Look How Much The Deficit is

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https://www.youtube.com/watch?v=u31PZU3SRWI Terrence P. Jeffrey for CNS News reports, The federal government collected record total tax revenues of $252, BILLION in October, the first month of fiscal 2019, according to the Monthly Treasury Statement released Tuesday.   Read More/Source/Credit/FairUse: https://www.cnsnews.com/news/article/…      

Commentary: 40% of the American middle class face poverty in retirement. How do we change that?

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Commentary: 40% of the American middle class face poverty in retirement. How do we change that? https://t.co/3pArY3E7SW — CNBC (@CNBC) November 18, 2018 Some 40 percent of middle-class Americans are at risk of poverty in retirement, due to depressed earnings and asset values and increased health-care costs. Nearly three-quarters of workers now plan to work … Read more

GE price vs. flows of ETF’s holding GE

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by gorillaz0e Graph of this issue: https://pbs.twimg.com/media/DsJk79OWkAA0Wq-.jpg When people say ETFs and passive flows are driving the market….. Weekly flows of ETFs that hold $GE actually have a -12.17% (yes negative) to the performance of GE shares YTD. This is interesting to note. Are you surprised to see that GE tanks, while the funds, that hold … Read more

Credit bubbles caused by the central banks always burst….

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Credit bubbles caused by the central banks always burst….https://t.co/qgd75cqR2R — Dave Collum (@DavidBCollum) November 18, 2018 The good times are coming to an end in the corporate debt market, and this week’s turmoil in General Electric Co. credit is a sign that things can get much worse. That’s what a growing chorus of money managers are saying. … Read more

The entire world is burning, and America is holding on by a thread

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The entire world is burning, and America is holding on by a thread pic.twitter.com/8XARuLvD9X — Alastair (@StockBoardAsset) November 17, 2018 In case you missed it: #Greece's banks index has dropped another 12.3% this week, hit lowest level since 2016. pic.twitter.com/OJQlQRkeyM — Holger Zschaepitz (@Schuldensuehner) November 16, 2018 Anyone from Australia that has on-the-ground insight into … Read more